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Revolut
BitGo to Sue Galaxy Digital For Abandoning $1.2B Merger Deal; Crypto Funds End Six-Week Inflows Streak
Crypto custody company BitGo plans to sue Galaxy Digital for backing out of the firm's $1.2 billion merger agreement. CoinShares reporting crypto funds had $17 million in outflows in the seven days up to Aug. 12, ending six consecutive weeks of inflows. Plus, European digital bank Revolut has been granted authorization to offer crypto services across the European Economic Area (EEA).

Digital Bank Revolut Gets Approval to Offer Crypto Services Throughout Europe
The authorization will let the firm, which was valued at $33 billion in a recent funding round, offer crypto services to its 17 million customers in the European Economic Area.

Revolut Looks to Hire Tech Lead to Build a Crypto Exchange
Revolut is looking for experience in building order-matching engines such as those used by crypto exchanges.

Revolut Launches Commission-Free Crypto Trading for US Investors
Among other free services announced by Revolut are out-of-network ATM withdrawals of up to $1,200 and 10 remittance payments.

Revolut to Launch Crypto Token: Sources
The timing is subject to approval from U.K. regulators, according to one of the sources.

Revolut Reportedly Ready to Launch Its Own Crypto Token
Revolut, a fintech company with a $33 billion valuation that offers cryptocurrency buying as part of its services, is looking to launch its own cryptographic token, with the timing subject to approval from U.K. regulators. “The Hash” squad discusses the industry implications for the latest potential exchange token jumping into the land of fintech.

Revolut Is WeWork’s First Enterprise Member to Pay for Office Space in Bitcoin
The digital bank is using BTC to pay for a 300-worker office in Dallas, its largest in the U.S.

Revolut Valued at $33B in $800M Fundraising Led by Softbank
The figure is six times Revolut's $5.5 billion valuation of February 2020.

Revolut Adds Dogecoin to Crypto Offering
DOGE is the 30th crypto to be made available on Revolut's platform.
